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DataRails Logo
DataRails

DataRails

Composite Score
6.8 /10
CX Score
6.9 /10
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In Partnership With SelectHub

Software Claimed
Category
DataRails
6.8 /10

What is DataRails?

DataRails is a financial planning and analysis platform that automates financial reporting and planning, while enabling finance teams to continue benefiting from the familiar spreadsheets and financial models of Excel. Automating these time-consuming manual processes paves the way for finance teams to spend more time analyzing data and less time gathering it. And it empowers them to answer essential strategic questions like what their organization can do to increase revenue and reduce costs.

Company Details

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DataRails Ratings

Real user data aggregated to summarize the product performance and customer experience.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

85 Likeliness to Recommend

100 Plan to Renew

88 Satisfaction of Cost Relative to Value


Emotional Footprint Overview

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Emotional Footprint Overview

Product Experience:
76%
Negotiation and Contract:
74%
Conflict Resolution:
79%
Strategy & Innovation:
79%
Service Experience:
71%

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+77 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love DataRails?

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0% Negative
0% Neutral
100% Positive

Pros

  • Includes Product Enhancements
  • Enables Productivity
  • Trustworthy
  • Altruistic

Feature Ratings

Average 80

Planning and Scheduling

90

Data Visualization

86

Budgeting and Forecasting

86

Business Application Integration

85

Financial Reporting and Consolidation

84

BI and Performance Management

76

Governance Risk and Compliance

73

Marketing Analytics

65

Mobile Access

59

Vendor Capability Ratings

Average 77

Ease of IT Administration

88

Ease of Data Integration

86

Ease of Implementation

83

Ease of Customization

83

Usability and Intuitiveness

78

Product Strategy and Rate of Improvement

76

Vendor Support

76

Breadth of Features

75

Business Value Created

74

Quality of Features

69

Availability and Quality of Training

61

DataRails Reviews

  • Role: Finance
  • Industry: Technology
  • Involvement: Business Leader or Manager
Validated Review
Anonymous Reviewer

Submitted Feb 2023

Excel meets software solution with horsepower.

Likeliness to Recommend

5 /10

Pros

  • Includes Product Enhancements
  • Enables Productivity
  • Trustworthy
  • Altruistic

Cons

  • Less Respectful
  • Vendor's Interest First
  • Inhibits Innovation

Blake T.

  • Role: Finance
  • Industry: Banking
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Oct 2022

DataRails focuses on security and clarity

Likeliness to Recommend

10 /10

What differentiates DataRails from other similar products?

DataRails is not an Excel replacement but rather it consolidates database numbers within already existing Excel. With automatic data loading into a single source of truth, we spend less time collecting data and more time analyzing it.

What is your favorite aspect of this product?

DataRails has both pre-built and customized templates to help suit our exact requirements, whether it’s anything from large data projects to modeling mergers and acquisitions.

What do you dislike most about this product?

With a quick implementation and helpful customer support and training, DataRails is a great investment for the financial department of our company

What recommendations would you give to someone considering this product?

DataRails prides itself on not having to abandon Excel in order to use their platform. In addition to budgeting, forecasting, and cash flow planning, DataRails will help your company succeed by refining analytics on subjects such as tax provisioning and incentive compensation management

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Nicole A.

  • Role: Sales Marketing
  • Industry: Manufacturing
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Sep 2022

Pretty visuals that companies often want

Likeliness to Recommend

10 /10

What differentiates DataRails from other similar products?

Datarails automates data collections for financial and operational data, no matter what their shape or form. It also allows us to share insights using a real-time web-based dashboard

What is your favorite aspect of this product?

Performing advanced investigations into data including variance, horizontal and vertical analyses., and perform ad-hoc analyses to discover and provide insights to guide business decisions

What do you dislike most about this product?

Centralized place to store formulas and KPIs to lessen the workload when doing calculations and to optimize overall operational performance

What recommendations would you give to someone considering this product?

Consolidates insights gathered from fnancial data and transforms them into accessible visuals, and features like cross-functional collaboration provide teams to better the growth alignment of entire teams with accurate data

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing